Co-creators Cady Stewart and Cady Burdick have agreed to leave Beats by Dre and start their own label, Cady Studios.
In a statement on the Beats Music website, the duo said: “It is with great sadness that we announce that we are parting ways with Beats.
We have spent the past four years creating music and writing music for people who have a passion for music and want to hear it.
It has been an incredible ride and we can’t thank all of our fans enough for the love and support they have shown us.
We will miss you guys so much and we will be here to support each other when the time is right.” “
We are excited to begin the next chapter of our lives together and we wish them all the best.
We will miss you guys so much and we will be here to support each other when the time is right.”
The announcement came just a day after Burdrick announced her decision to leave her own label.
The singer, producer and songwriter is a former co-founder of Beatport.
She left the company last year after a tumultuous relationship with Beats Music, the company she co-founded in 2014.
Burdricks move to Cady Studio comes at a difficult time for Beats, which is facing a crisis of confidence as it struggles to stay relevant in the global music business.
“We are proud of Cady and our team, and we look forward to continuing to support them as they pursue their own creative visions,” the company said in a statement.